Future Capital, Axos Clearing Deal Focused on Held-Away 401(k)s

Partnership will enable advisors to seamlessly incorporate held-away retirement assets into strategies
Future Capital, Axis Clearing held-away 401(k) deal
Image credit: © Kantver | Dreamstime.com

Future Capital and Axos Clearing unveiled a partnership today that the firms say enables advisors to provide professional management for clients’ held-away retirement assets, including 401(k)s.

“For financial advisors, managing held-away retirement assets has long been a critical gap in their service offering—one that directly impacts their ability to deliver comprehensive wealth management.”

Mike Row, Future Capital

With the deal, Future Capital’s Core and Construct platforms will be integrated into the Axos Professional Workstation, a key component of Axos Complete, allowing firms to seamlessly incorporate held-away retirement assets into their strategies.

Using Core, advisors can introduce their wealth clients to Future Capital’s discretionary management service for held-away retirement assets. Alternatively, they can use Construct to exercise full discretionary authority over these retirement accounts, along with the flexibility to build customized portfolios and set their own fee arrangements. The expanded capability enables financial advisors with the potential to increase their assets under administration while providing more comprehensive wealth management services to their clients.

“For financial advisors, managing held-away retirement assets has long been a critical gap in their service offering—one that directly impacts their ability to deliver comprehensive wealth management,” said Mike Row, Chief Revenue Officer of Future Capital. “Our integration with Axos Complete will address this challenge head-on, giving advisors the power to actively manage their clients’ retirement assets alongside their other investments. This enables advisors to provide truly holistic financial guidance while expanding their practices through new revenue streams.”

David Crow, EVP, Head of Axos Clearing, added that integrating Future Capital’s platform into the Axos Complete ecosystem enhances the value delivered to wealth management firms by expanding their ability to manage retirement assets alongside broader financial strategies. “This partnership strengthens Axos Clearing’s role as a trusted partner, equipping advisors with innovative tools, seamless integrations, and comprehensive support to better serve their clients.”

Chattanooga, Tenn.-based Future Capital, a tech-enabled registered investment advisor (RIA), develops digital solutions and managed account services to transform advisor and individual retirement planning approaches. The company serves financial institutions including broker-dealers, RIAs, recordkeepers, advisors, plan sponsors, and participants.

Axos Clearing, a subsidiary of Axos Financial Inc., along with its business division Axos Advisor Services (with approximately $37.7 billion of assets under custody and/or administration as of Dec. 31, 2024), and Axos Invest, Inc., provide comprehensive securities clearing services to introducing broker-dealers and registered investment advisor correspondents, and digital investment advisory services to retail investors, respectively.

SEE ALSO:

• Pontera and IAA Collab on Wealth Management Services
• New Future Capital Partnership Targets Held-Away 401(k) Assets
• Future Capital Enters Held-Away 401(k) Assets Market with New Digital Solution

Brian Anderson Editor
Editor-in-Chief at  | banderson@401kspecialist.com |  + posts

Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.

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